sorry my brain's already clocked out for the day (/week?), so [insert sneer here]
context is this
Meanwhile, the $800 million Kraken raised across its two recent rounds of financing further solidifies the company’s balance sheet before its planned IPO next year.... Prior to the two rounds, Kraken had raised only $27 million in venture capital.
simply a mere 29.6x amplification. perfectly normal. 12000000% in line with the economic market shift between checks notes Less Than A Decade Ago and now
it sucks when you learn a thing like that about a person. it’s like blowing an efuse: generally one way, not easy to go back without a lot of work, and you may not want to bother
I’m sure specifics and timing don’t matter. can always tune that efficient later, amirite?!
(although once again a very I am the scream at how rapidly this toxic waste is becoming rampant in the commons :|)
jesus, that seems insidious
and unfortunately I speak enough ghoul that I suspect I know how that’s being sold, too! a way for companies to “manage outflow”? and perhaps a dash of “cultivating a reputable $x base” in there too?
nvm that these intermediation fuckers are going the standard Bridgetroll[0] route too, which is also a problem
[0] - rentseeker
I’d be lying if I told you I knew! my most interesting interaction with technisch-mechanisch deutsche has been through the lens of shorthand column names in an oracle db (where truncated col name length limit caused applied). no, not kidding. that was an interesting project more ways than one!
(very Choose Your Own Adventure db schema too, and I suspect I’m still among the only in country who have strong knowledge about it today)
right? for like 18~24mo now, the autoplag "boom" and the fucked up neo-credit-arrangements in real estate (again) have been my primary guesses for how this shit is all going to up in vapour
and then suddenly a surprise third entrant!
let's hope that the outcomes of this helps them become a weeeee teensy l'il curious financial service again 😶
no bolts!
but otherwise? I mean, pretty close.
(yes I did upvote this post)
it’s worse than that, you should probably take number of adults (as in, 18+) as base here, and it’s 78% of them (267M), according to first random source i’ve found, so it’s closer to 34%
yep, entirely correct. and the numbers will also only reflect for those that are loantakers/account holders (which implies an even smaller number), because only one person needs to take out the bnpl to groceries it up for family support
I just didn't have the time to dig into the numbers properly this morning when I posted
it's all bad. just every single fucking part.
I was mostly riffing on the Internet Meme of "what's the german word for..." but you are not wrong
The statistics back up his unease. Buy-now-pay-later services have exploded to 91.5 million users in the United States
with the rapidly checked population number I found (340.1m), that's 26.9%
..., with 25% using the services to finance their groceries as of earlier this year
perfectly normal, I'm sure nothing can go wrong here. and this won't be tied in with just the recent SNAP shit, either
what's the german word for "the feeling you get when you know the bolts on the rollercoaster are shaking loose incrementally and you can see the Unscheduled Rapid Disassembly Event coming up"?
can we print this on shirts and send it to their office(s)?
I guess the main problem is getting reaction shots with the recipients...